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Top Management Team Heterogeneity, Shareholding Proportion of the Largest Shareholder and Innovation Performance: A Study Based on a Panel Smooth Transition Regression Model

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Figure

Figure 1. Graph of the transition function when m = 1.
Figure 2. Graph of the transition function when m = 2.
Table 1. Descriptive statistics results.
Table 3. Homogeneity test.
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